The property is located on Heathcote Industrial Estate, approximately 2 miles south of the town centres of Leamington Spa and Warwick with easy access to junctions 13 – 14 of the M40 motorway.
The property comprises an industrial unit constructed in the early 1980’s of steel portal frame construction with brick and clad external elevations and a clad roof with roof lights.
To the front of the property is a single bank of car parking plus further four car parking spaces. Shared access is available over the forecourt and to a rear service yard.
Ground Floor gross internal dimensions
83’9” x 75’8” (25.54m x 23.05m)
Plus, first floor offices area
682 sq ft (63.36 sqm)
Internally the property has been used as car repair and spray booth although fixtures, fittings and equipment have been removed. There is an internal ground floor office with lobby, comms room, inner hall, 2 offices, a kitchen and single WC and on the first floor, there is a landing, ladies WC and 4 separate offices.
Externally, there is a concrete yard, external brick compressor block and car parking to the front with yard to the rear.
Freehold price £850,000
Lease - available on a new 10-year full repairing and insuring lease at a rental of £57,500 per annum exclusive (subject to upward only rent review at the 5th year of the term.
No VAT will be charged either on rent or purchase price.